Press Archive 2012

  1. 28/09/2012

    Rent quarter day to pile on the pressure for struggling retailers

    This weekend is the next deadline for quarterly rent payments, where three months rent is paid in advance for commercial properties. Recent research by R3 shows that 18%… Read more

  2. 25/09/2012

    Closing time for one third of the nation's pubs?

    Over one third (34%) of the nation’s pubs and bars are defined as ‘at risk of failure’ in the next 12 months, according to research by R3, the… Read more

  3. 12/09/2012

    R3 comments on today's unemployment figures

    Steven Law, R3's Policy Group Chair:“Unemployment levels are down slightly on the quarter, this is heartening news and perhaps an indication that the Olympics did… Read more

  4. 23/08/2012

    R3 Vice President comments on the Insolvency Service's 'Red Tape Challenge'

    Liz Bingham, R3 Vice President, comments:“We see this as a great chance to work with the Insolvency Service to create an even more effective insolvency regime, and… Read more

  5. 20/08/2012

    More than half of jobs survive insolvency in the retail sector

    More than half of jobs survive insolvency in the retail sectorAnalysis of major retail insolvencies since 2011 reveals that 53% of jobs are preserved during the… Read more

  6. 10/08/2012

    Pressure builds on construction firms, as output falters

     Figures from the Office of National Statistics (ONS) reveal the total volume of construction output fell 9.5% year on year and by 3.9% when compared to the first… Read more

  7. 03/08/2012

    R3 President comments on Insolvency Service Statistics - Personal and Corporate levels are down

    Lee Manning, R3 President comments on the Corporate insolvency figures:“While retail is facing its own particular set of challenges, the big picture is that… Read more

  8. 31/07/2012

    146,000 'zombie businesses' teetering on the edge

     As the UK welcomes the London 2012 Olympic Games, 8% of UK businesses say that they are only able to pay the interest on their debts, but not reduce the debt… Read more

  9. 25/07/2012

    Payday lenders publish revised codes of practice

    The Government’s response to the BIS Select Committee Report into Debt Management laid out new commitments for payday and short-term loan providers in an attempt to… Read more

  10. 23/07/2012

    Reorganisation of the Official Receivers Rotas

    Reorganisation of the Official Receivers RotasPlans have been laid for the reorganisation of both the rotas and the regions under which those rotas operate. Currently,… Read more

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